Monday, December 22, 2014

Former Employee Of Alabama College Pleads Guilty To Embezzling $186K From School

From al.com on 12/19/2014:

A former Spring Hill College employee has pled guilty to embezzling more than $180,000 from the school.

According to court records, as the student accounts director Tracie Lawrence stole about $186,463 from Spring Hill College by electronic transfers from the school to her personal bank account.

To hide the theft, court records state Lawrence altered accounting records.

The embezzlement occurred from about January 13, 2010 until June 16, 2014.

On Dec. 8 Lawrence pled guilty to wire fraud and could face 20 years of imprisonment, a fine of no more than $250,000, a term supervised release of three years which would follow any terms of imprisonment, mandatory special assessment of $100 and restitution ordered by the court.

According to her LinkedIn profile, Lawrence worked at the college from Sept. 1999 to July 2014.

Read the whole story here.

No comments: